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March 6, 2007
PureSpectrum, Inc. files patent application that could improve High Intensity Discharge Lighting
Newly identified technology could result in entry into rapidly growing HID market
SAVANNAH, GA –PureSpectrum, Inc. (Pink Sheets: PSPM) announced today that the company has filed a patent application for technology related to High Intensity Discharge (HID) lighting.
HID lamps are able to produce light while consuming substantially less energy than a typical fluorescent or incandescent bulb, and this energy efficiency has led to the use of HID lighting in new applications such as car headlights. According to a recent US Industry Study on the lighting industry performed by Freedonia, the worldwide focus on increasing energy conservation in lighting will “ … drive demand for high efficiency products such as electronic ballasts and HID lighting.”
“The refining process for PureSpectrum technology is producing pronounced progress toward our ultimate goal of identifying the components and circuitry configuration which promote the highest possible energy efficiency for fluorescent and HID lighting applications,” said PureSpectrum president and CEO Lee Vanatta. “PureSpectrum technology was originally developed for the fluorescent and compact fluorescent applications, but the addition of the HID application increases the size of PureSpectrum’s potential market size by 35 to 40 percent.”
PureSpectrum currently owns the rights to 13 patents and patent applications related to an innovative electronic ballast technology, including an earlier patent application related to HID lighting. The technology increases energy efficiency and bulbs powered by PureSpectrum Technology give off a cleaner, whiter light which closely emulates the properties of natural sunlight. Independent testing performed in 2006 on PureSpectrum prototypes indicate that T-4 fluorescent lamps powered by PureSpectrum’s technology are approximately 30 percent more efficient than Energy Star requirements.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum's products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum.
Please call (912) 961-4980 or visit www.purespectrumlighting.com for more information about PureSpectrum.
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